Press Room: Transfer Tax

May 27, 2015

Valuation Discounts on Transfers of Closely Held Entities May Be Reduced

In two separate statements earlier this month, a Treasury official indicated that proposed regulations might be released within the next six months that could result in the increase to the value of family ...

August 12, 2016

IRS Issues Proposed Regulations Limiting Discounts on Transfers of Closely-held Interests

On August 2, 2016, IRS issued long-awaited proposed regulations pertaining to valuation discounts on transfers of closely-held family entities. Such interests include closely-held interests in corporations, partnerships, and other entities. The proposed regulations would affect ...